A “regulatory roadmap’” is needed to execute a corporate vision when the existing regulatory framework does not provide the utility with appropriate authorities and financial incentives to deliver on customer desires and policy goals.
Concentric’s team of regulatory, operations, customer, and planning experts worked with a client team to refine their long-term vision and develop a staged and executable legislative/regulatory plan to achieve their goals. The work involved a detailed review of existing statutory authorities and precedent, current policy and utility-specific proceedings, and client workshops. The roadmap is designed to be maintained and updated by the client as policy and utility-specific circumstances evolve.
Concentric conceived and delivered a regulatory roadmap that will enable a multi-jurisdictional combination utility to achieve its long-term vision. The roadmap is a live document that identifies adjustments to regulation or enabling statutes that are necessary to accommodate the vision, articulates a regulatory strategy for each jurisdiction, and presents a staged ten-year plan to gain approval for specific initiatives that will evolve precedent in a manner that will deliver value to customers, communities, and shareholders.